It's hard to say how it will affect us in practice, but in theory it makes it more difficult to get a new product up-and-running while complying with these regulations. So competitively it seems like a disadvantage versus businesses with larger teams and bigger budgets.
On the other hand, with more consumers becoming concerned about privacy there might be a market for privacy-oriented alternatives to existing products. As indie makers we can move quicker than established companies.
Great question! Launching a product that's compliant will become a bit hard. But seeing that most indie makers don't really have selling data or ads as a businessmodel, they will do just fine :)
(European) indie companies might be at a benefit creating simpler and privacy compliant products as opposed to corporate overlords from the US. We already see European companies pick us above others simply because we're European.
Also: Great market opportunity, we're jumping in as well with www.producthunt.com/upcoming/… / wip.chat/products/1337
👋 Join WIP to participate